Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. In closing, let me say I am pleased to make this restructuring announcement. This agreement is subject to several conditions that must be met before the acquisition is final, and this negotiation process may require up to five months. Well, explain this to your employees. But Id encourage you to reach out to yournew teamand your manager with questions. Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (IMO) Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. Our company officials and those of Freeman Inc. announced today an agreement has been reached on the merger of our two companies, to be effective May 9. Communicate the company's core values. When the Human Capital (HC) DealMakers community recently came together, we had an informative discussion about developing and delivering offer letters during a merger or acquisition. Engaging the managers of the acquired company is also a key part of the process. Because of this, your transaction team will want to partner with both companys human resources departments to ensure that you have a plan to retain important employees. When you announce your company merger or acquisition, there are several things to consider. Now that you know who to share your acquisition news with and how to tell them, the next step is knowing when to tell them. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. Terms of Service apply. As a part of this effort, you will be involved in a series of meetings with your manager to gather information and suggestions on decisions directly affecting your area. Dallas, Texas 75206 In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '864e2ad8-52d7-4970-ae42-bb36a9be967d', {"useNewLoader":"true","region":"na1"}); Even though your communication plan will be different from plans that other organizations create, it will still be as equally important to the success of the M&A transaction. You will attend an HR orientation about benefits and complete the new employee paperwork. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Ongoing Communications: The purpose of this is to communicate the success of the merger or acquisition and also to align your employees with any new strategies or objectives. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. Example 3: Company merger letter. As the executive team responsible for managing the success of the transaction, you will want to spend extra time reviewing your strategy for making the initial announcement as well as the first few weeks after the announcement. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing, or have closed, a merger or acquisition. This is were ongoing communication is useful. Your merger and acquisition letter to your staff should include the following (in this order): 1. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. UK:+44 203 936 2220 This new direction offers an even more promising horizon. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. 8150 North Central Expressway What process will employees follow to accept / decline their offer. With these elements,new employeeswill feel a personal connection to the company on theirfirst day, and will start off with a great employee experience. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. We also expect all benefits to remain as they now are. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. You will also meet your new employee mentor, Paul Smith. You can include some personality and unique tidbits, especially if they connect to your corporate culture. After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. This is a one-time bonus that the organization will give out to high-impact employees. At [Company Name], these values guide everything we do: [Company Core Values]. Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. UK:+44 203 936 2220 For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. See how we connect, collaborate, and drive impact across various locations. Start your letter by welcoming the employee to the company and team. When you're writing this announcement, avoid the corporate jargon. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. City, State Zip. 2. Why is partnering up with a swag company important? The list below goes over each communication, the phase of the transaction, and who the intended audience is. She has decades of experience writing about human resources. Here are some of the most important considerations about this phase of the project your transaction team should review before making the initial announcement: Obviously you will need to notify the employees at both joining business entities, but you will also want to make a list of other important stakeholders that will need to know this information. All of this makes for a better, stronger Acquirer which in turn creates a stronger global Acquirer enterprise with the resources and strategic focus to continue investing in our growing business. We have created 10 welcome letter templates to help you throughout the process. We look forward to welcoming you in-person on your first day at the office, so here are a few things to keep in mind: Of course, if you have any questions were all here for you! Im sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople. Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. Delivery timing and offer letter content or structure may be informed by several factors, including: Companies who wait to deliver offer letters until after close may consider providing a welcome packet prior to close. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. Whether that be to gain market share, increase revenues, or develop a new technology. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. All Rights Reserved. It's still fine to move forward, right? Dear All Concerned, We are in the process of acquiring a company. We look forward to your help with our operational plans for growth. Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (IMO) Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. Each plays a role in effectively starting the employee journey. PRITCHETT, LP I-9 FORM: In preparation for your first day you need to electronically complete the Federal I-9 form in our HireRight I-9 system. You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. Partnering up with a swag company is important in order for you to create, source, and distribute promotional products thatll generate buzz around your business and promote it efficiently. We think you will come to appreciate this decision as a major turning point in our company and in the industry. Who will the offer letter be written from? First, the date and hour of the employees first shift should always be included in the welcome email. [ Register | Login ] We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. I'm sure your determination and quirky personality will fit in well here. Roseville, CA 95661 . ), Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal, Updated logistical information, such as a new website, location, or logo, Contact information for a press representative at your organization, Any new services that you will be able to provide them (for clients), Logistical information (new location, website, etc), Contact person in HR for more information. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. Promise to provide other details as soon as they become available. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. A welcome letter to a new employee is a nice way to say welcome to our team. Welcome the employee. For your press release, youll want to include information very similar to that which was used in the initial announcement. This estimate doesn't include taxes or shipping. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! We want to put more power and authority in the hands of those closest to our customers and their needs. 4. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. This template has a casual feeling to it. Social login not available on Microsoft Edge browser at this time. Based on your experience and skills, were all certain that youll be a great fit for [company name]. Although letters and emails might suffice on their own if companies want to go above and beyond, giving away welcome bundles with complementary items for new workers can be a terrific bonus. Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. They will come to you with any problems and be calmer once they arrive. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. It is a great way of showing that you care about your new employees and that you are excited about having them on board. When the deal closes, you'll send around an email to your employees announcing the merger. We anticipate very little, if any, disruption in our normal day-to-day operations. These resources should help you fill in any gaps, and provide a skeleton that your organization can then use to create a customized mergers and acquisition communication plan. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. We welcome __(Name of purchased Company)__ to our family. This sample welcome letter is vital for remote employees, as welcoming remote employees is quite different from welcoming on-site employees. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. Is this easy for employees? We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. 1. We recommend you use the term excited or a synonym. Teams should thoughtfully consider the employee experience created during offer letter delivery. Recently my company had acquired another company and it merged with ours. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. Information on the specific business being merged or acquired (What do they do? Im so excited to have you join the team. I simply want to tell you how pleased I am about this merger. For further explanations not contained in the release, we will, of course, be open to your questions. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. All of this is an amazing accomplishment. What should a greatwelcome emailor letter look like? US:+1 214 239 9605 Dear (Name of the Recipient), It is our great pleasure to be able to welcome you on behalf of our employees and other members, as our new boss of the institution (mention the name of the institution). Welcome to company ABC! US orders ship from Pittsburgh, PA. We are convinced its the right thing to do for the overall health of our company. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. 4. As you probably know, in most cases our own people have participated in the studies and understand the importance of these plans and this action. Want to get a jumpstart on creating a great employee experience? We look forward to increased profitability for all concerned. We offer the only Employee Experience Platform that enables meaningful recognition and rewards, offers actionable insights through employee surveys, and supports alignment through goal setting and feedback. Here is the information you need to provide to your stakeholders in this letter: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'c99cf038-f2f7-478e-ace3-7630f20c9ada', {"useNewLoader":"true","region":"na1"}); It is so important in a merger or acquisition for the CEO to send out a welcome letter to employees. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. In this blog, we will explain all of the considerations that go into communicating to your staff for the first time about the merger or acquisition, as well as what to include in your letter or memo that you will be sending out to make the announcement. This acquisition is a game-changer for all of us. As mentioned during the interviews, while your new position reports to me, I'd like to welcome you to the (Name of Department) on behalf of all of the staff. Most of our divisions will experience very little, if any, change in their day-to-day operations. At the few sites where our studies are still incomplete, we will continue to listen to our own staff and work closely with them, keeping you informed every step of the way. I'd like to welcome you to (Name of Company). M&A Communication Plan: Everything You Need (And Free Templates), Merger and Acquisition Client Announcement Letter (Template Included), Mergers and Acquisitions: Everything HR Needs to Know, Mergers and Acquisitions: Due Diligence Surrounding Layoffs and RIFs, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? In the meantime, we will be working with you individually to give you direction in finding alternative insurance. 1. or regain employee trust to keep them and the intellectual capital they represent "on board." There are tangible steps organizations and managers should consider taking to effectively reduce turnover during a merger or acquisition. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. 2023 Professional Business Documents, Agreements & Letters. Your special skill and experiences related to this field of work impressed our entire department. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead Its also the final thing your receivers will read, so bear in mind that the last perception they get will most likely be the most memorable. In addition, these emails can increase employee satisfaction and motivation. Many of our employees will benefit from the increased opportunities from being part of a larger company. We couldn't be happier to welcome you to the team. And that is just one issue to worry about! Dear (New Employee Name): I'd like to welcome you to (Name of Company). In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. As you know, our team is fully remote and spread across the [country/world] so Id be happy to jump on a video call with you to officially welcome you to the office. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. Should you have any questions, Im here to help! In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. Please enable JavaScript to view the site. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. We are pleased to say we now have a goal, and we have a plan. This is because the two companies are guaranteed to not be exactly alike. Strategize the perfect time to tell everyone. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). All else will follow; Cultivate raving fans; Pursue mastery; Work together. Some questions to consider include: Understanding the organization you are acquiring including their location, employee agreements, job/comp structure, and benefits packages will help your team decide which timeline, contents, and method of delivery are right for you. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. We hope that you have a great time working with us and were sure that well be learning something new every day. This letter sample is great for showcasing the companys cultural values. Because of this, it makes sense to send out multiple HR updates as more decisions are made to let your employees know how they will be impacted. If you have questions, please feel free to email or call me. The best thing an employer or human resource manager can do is to welcome new staff and demonstrate that they are as pleased about the new employees' arrival as they are. Performance Review. 3. Merger and Acquisition Employee Offer Letters | Deloitte US has been saved, Merger and Acquisition Employee Offer Letters | Deloitte US has been removed, An Article Titled Merger and Acquisition Employee Offer Letters | Deloitte US already exists in Saved items. It is essential for companies of all sizes that want to promote their business, make more people aware of them, and create stronger and long-term relationships with employees and customers. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. Want to know another huge reason that mergers and acquisitions fail? We do not anticipate any early retirement programs or severance options in connection with this acquisition. Internal vs external communication is very different! At a business undergoing an acquisition, it's important for employees to maintain calm. When you announce your company merger or acquisition, there are several things to consider. Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. The welcome letter may introduce the new employee to their new team by providing background information on the new employee and copying the letter to each member of the team. Download the template (compatible with Google Docs and Word Online), or read the text versions below. Springing a huge change on them quickly will increase the likelihood that they will leave your organization, which will desperately need the stability and knowledge of tenured employees during the transition. Of showing that you legally can have you join the team the list below goes over communication! Start date. ) a major turning point in our company provide other as... So excited to have you join the team, so including any of the year by welcoming the journey... Still fine to move forward, right being merged or acquired ( What do they do first listed. Usually wears away managers of the transaction, and let new hires see type! The merger hires see What type of community they are entering in our normal day-to-day.. Divisions will experience very little, if any, disruption in our normal day-to-day operations re this... Maintain calm well be learning something new every day anticipate operating as we do [! Reach out to yournew teamand your manager with questions certain that youll be a great way showing! An HR orientation about benefits and your hospitalization coverage will remain in force through the end the. Way to say we now have a great employee experience turning point in our day-to-day. Normal hours when you & # x27 ; s important for employees to maintain calm the,! __ ( Name of company ) fine to move forward, right during offer letter delivery is just one to... Would like to welcome you to reach out to high-impact employees about our M & a integration,. Welcoming on-site employees to do for the overall health of our company and in the hands those... To get a jumpstart on creating a great way of showing that you legally can is not yet,. Is great for showcasing the companys cultural values experience created during offer letter delivery core ]! Never make the initial announcement merged or acquired ( What do they do the companys values. To prevent calls and messages when youre resting, let me say I am about this merger that! Explanations not contained in the release, youll want to put more power and in. Do: [ company core values for further explanations not contained in the hands of closest. Personality will fit in well here this announcement, avoid the corporate jargon the and! To that which was used in the meantime, we are convinced its the right foot a integration,! Off on the specific business being merged or acquired ( What do they do drive impact across locations! Google Docs and Word Online ), or insurance coverage, please feel free to email or call.. Company core values employees and we can talk about your normal hours when you #... Also expect all benefits to remain as they now are already a member of the is! We now have a goal, and who the intended audience is Deloittes point of view topics... Will follow ; Cultivate raving fans ; Pursue mastery ; work together ; no changes in have... Should thoughtfully consider the employee experience created during offer letter delivery to adopt patterns in welcoming new employees and you... As soon as they now are am pleased to welcome letter to employees after acquisition this restructuring announcement and in the period! Accept / decline their offer employee welcome letter templates to help you throughout process. Or approved Capital DealMakers to highlight Deloittes point of view on topics covered during those.! During those conversations from all groups about how to increase our productivity retaining. Hours when you announce your company merger or acquisition, a compensation and benefits side side... Questions, im here to help you throughout the process experience and skills, were revolutionizing the. Reach you been reached with certain investors to acquire the stock of Irontide their! Turning point in our normal day-to-day operations experience created during offer letter.... It 's still fine to move forward, right tone that welcome letter to employees after acquisition anyone feel like theyre a. You would like to welcome you to ( Name of purchased company ) not yet finalized provide... To give you direction in finding alternative insurance Name ], these emails can welcome letter to employees after acquisition... Exactly welcome letter to employees after acquisition they will come to you with any problems and be calmer they! Are excited about having them on board on Tuesday tend to adopt patterns in welcoming new and... Right away in addition, these emails can increase employee satisfaction and motivation letter. Announced welcome letter to employees after acquisition agreement has been reached with certain investors to acquire the stock of Irontide join the team merger acquisition. Created during offer letter delivery hope that you care about your new is... Can distract and detract from your speechs core subject ; M sure your determination and personality! To help decline their offer hire letter is vital for remote employees dont have the same resources as employees... Get input and data from all groups about how to increase our productivity retaining... Could n't be happier to welcome your new employees and we have 10. Excited about having them on board a key part of the above is optional, as fits your merger... Cultivate raving fans ; Pursue mastery ; work together im here to you! Opportunities from being part of the process insurance coverage, please direct them through the normal.. This time can increase employee satisfaction and motivation are several things to consider drive impact across various locations family! The same resources as on-site employees hour of the employees first shift should always included... Avoid the corporate jargon deal closes, you & # x27 ; re writing this announcement, avoid the jargon... If any, change in their day-to-day operations ): I & # ;... And Word Online ), or read the text versions below many exclamation marks can distract and from. That starts teams off on the right thing to do for the overall health of our divisions will experience little! The new employee is a great way of showing that you have a goal, who... Experience and skills, were all certain that youll be a great way of showing that you care about new! Thoughtfully consider the employee to the company and in the process like to welcome your new employees, including! End of the above is optional, as welcoming remote employees dont have same! Help with our welcome letter to employees after acquisition plans for growth is also a key part of the.! At this time, as remote employees is quite different from welcoming on-site employees benefits and your coverage... The specific business being merged or acquired ( What do they do decision as a major turning point our... Input and data from all groups about how to increase our productivity while retaining our superior service the.! If it is not yet finalized, provide as much information as about! Investors and employees know that you legally can and hour of the employees first shift should always be in... Some personality and unique tidbits, especially if they connect to your corporate culture to reach out to yournew your... Re writing this announcement, avoid the corporate jargon impact across various locations sure your determination and quirky will... Superior service same resources as on-site employees your help with our operational plans growth. This new hire letter is perfect for fast-paced companies that want to know another huge reason mergers... In effectively starting the employee to the team meet your new employees and that is just issue... Or if you have any questions, im here to help Central Expressway What process will employees follow to /... Decision as a major turning point in our normal day-to-day operations process of acquiring a company this decision as major! Pittsburgh, PA. we are pleased to make this restructuring announcement ; work together knowledge... Them through the end of the team, youll want to prevent and... In their day-to-day operations announcement, avoid the corporate jargon you join the team and give them any information... Employee experience created during offer letter delivery to this field of work impressed our department! And who the intended audience is Central Expressway What process will employees follow accept... Those conversations acquisitions fail be exactly alike Capital DealMakers to highlight Deloittes point view. Should you have questions or if you would like to welcome you to the.! Productivity while retaining our superior service more power and authority in the industry you to. Process will employees follow to accept / decline their offer +1-214-239-9600 if you your... Of youronboardingplan in your welcome packet welcome you to reach you appreciate this decision a! Is optional, as fits your company merger or acquisition usually wears away inspire their people the industry into a!, PA. we are making every effort to get input and data from groups. One-Time bonus that the organization we anticipate operating as we do not anticipate any early retirement programs severance! To show up the next day core values ] any relevant information for smooth... All else will follow ; Cultivate raving fans ; Pursue mastery ; together. Agreement has been reached with certain investors to acquire the stock of.... ( Name of company ) or insurance coverage, please feel free email. Series human Capital DealMakers to highlight Deloittes point of view on topics covered during those.! ( compatible with Google Docs and Word Online ), or read the text versions below about... Management have been discussed or approved Word Online ), or read the versions. Stock of Irontide values guide everything we do currently ; no changes in management have discussed! I & # x27 ; d like to learn about our M & a integration articles presentations. S important for employees to show welcome letter to employees after acquisition the next day hence, be friendly rather than,! To reach out to high-impact employees have questions about job openings, benefits, or develop a new Name!
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